Toronto, Ontario--(Newsfile Corp. - October 9, 2015) - Eco (Atlantic) Oil & Gas Ltd. (TSXV: EOG) (NSX: EOG) ("Eco Atlantic" or the "Company"), is pleased to announce that it has completed the processing of the 1,097 km2 3D Seismic Survey (the "Survey") (as announced on October 16, 2014) on the Cooper Block, PEL 30, (the "Block") located in the Walvis Basin, offshore Namibia. The Survey was performed by PGS Geophysical [...]
TORONTO, ON / ACCESSWIRE / July 30, 2015 / Eco (Atlantic) Oil & Gas Ltd. (TSXV: EOG) (NSX: EOG) ("Eco Atlantic" or "the Company") today reported its financial and operational results for the year ended March 31, 2015 and provides an update on recent corporate achievements and anticipated milestones for the remainder of 2015 and beginning of 2016. Of particular note, Eco Atlantic reported on the achievement of the [...]
Toronto, Ontario--(Newsfile Corp. - May 15, 2015) - Eco (Atlantic) Oil & Gas Ltd. (TSXV: EOG) ("Eco Atlantic" or the "Company"), today announced that further to its press release dated February 27, 2015 announcing TSX Venture Exchange (the "Exchange") approval for the Company's intention to make a normal course issuer bid (the "Issuer Bid"), the Company has as at May 14 2015, repurchased 1,130,000 common shares for [...]
With oil prices plunging more than 50 percent last year, many exploration companies have halted programs and cut staff in an effort to stay afloat. As the majors struggle, one junior oil and gas exploration company is getting the attention normally reserved for the big boys. Eco (Atlantic) Oil & Gas Ltd. (TSXV:EOG) is in an enviable position compared to other junior oil exploration companies. Recognizing it had to be [...]
Eco (Atlantic) Oil & Gas, today announced that it has received approval from the TSX Venture Exchange for the Company's intention to make a normal course issuer bid. Under the terms of the Issuer Bid, the Company may acquire or repurchase for cancellation, up to 6,671,724 common shares of the Company from time to time in accordance with Exchange procedures, representing approximately 10% of the total number of the issued [...]
Eco (Atlantic) Oil & Gas today reported its financial and operational results for the three and nine month periods ending December 31, 2014 and provides an update on recent corporate achievements and anticipated milestones for the remainder of 2015. Of particular note, Eco Atlantic reported on the achievement of the following operational and business milestones: Execution of 1,000 km2 3D Seismic program on the Cooper [...]
Toronto, Ontario--(Newsfile Corp. - February 4, 2015) - Eco (Atlantic) Oil & Gas Ltd. (TSXV: EOG) (NSX: EOG) ("Eco Atlantic" or the "Company") is pleased to announce that further to its Press Release dated January 5th, the Company through its wholly-owned subsidiary, Eco Oil and Gas (Namibia) (Pty) Limited, has received all regulatory approvals from the Ministry of Mines and Energy of Namibia and has completed the [...]
Eco (Atlantic) Oil & Gas and Pan African Oil are pleased to announce that they have completed the previously announced amalgamation transaction of Pan African and 1864361 Alberta Ltd., a wholly-owned subsidiary of Eco Atlantic. In accordance with the amalgamation agreement dated December 19, 2014, among Pan African, Eco Atlantic and Subco, the former shareholders of Pan African will receive 0.323 of a common share of Eco [...]
TORONTO, Jan. 5, 2015 (GLOBE NEWSWIRE) -- Eco (Atlantic) Oil & Gas Ltd. ("Eco Atlantic" or the "Company") (TSX-V:EOG) (NSX:EOG) is pleased to announce that the Company has taken strategic actions to decrease its near to mid-term financial obligations by farming out part of its offshore Namibian licenses for carry and cash, and has revised and reduced its next year work program in Namibia. Through its wholly-owned [...]
Eco (Atlantic) Oil & Gas and Pan African Oil are pleased to announce that Pan African, Eco Atlantic and 1864361 Alberta Ltd., a wholly-owned subsidiary of Eco Atlantic have entered into an amalgamation agreement pursuant to which Pan African and Subco will amalgamate and the former shareholders of Pan African will receive (subject to adjustment) up to 0.326 of a common share of Eco Atlantic in exchange for each common [...]
Eco (Atlantic) Oil & Gas is pleased to announce that, further to its news release dated November 17, 2014, it has successfully completed a 1,000 Km 2D Seismic Survey on the Guy block located in the Walvis Basin, offshore Namibia. The Survey was executed by PGS Geophysical using its high resolution GeoStreamer technology. The Company has also contracted PGS to begin processing the 2D data immediately. Colin Kinley, Chief [...]
Eco Atlantic Oil & Gas is pleased to announce that it has commenced a 1,000 Km 2D Seismic Survey on the Guy block located in the Walvis Basin, offshore Namibia. The Company engaged PGS Geophysical Ltd. to perform the Survey, which is expected to be completed by the end of the month. Subject to Namibia's Ministry of Mines and Energy approving the Company's transfer of an additional 10% working interest in the Block to [...]